Wednesday, June 20, 2012

Analysis: U.S. budget axe may spare costly crop insurance

 

WASHINGTON (Reuters) - With the U.S. Congress on the brink of passing the most sweeping farm spending cuts in a generation, critics are riled the budget axe will spare billions of dollars in federal subsidies for private companies that reap double-digit returns for insuring crops. Two years of wrangling over the next farm bill has cut $23 billion over the coming decades from crop subsidies, conservation programs, food stamps and a range of rural economic development programs. ...

Analysis: U.S. budget axe may spare costly crop insurance
Wed, 20 Jun 2012 20:52:55 GMT

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